StarkWare, the Blockchain Development Company That Created the STARK Proof and Ethereum Layer 2 Starknet Platform, Has Established a Strategic Bitcoin Reserve

StarkWare, the blockchain development company that created the STARK proof and Ethereum Layer 2 Starknet platform, has established a strategic Bitcoin reserve.

StarkWare, the blockchain development company behind the STARK proof and Ethereum Layer 2 Starknet, has established a strategic Bitcoin reserve, as reported by The Block.

As StarkWare becomes the latest company to build a Bitcoin reserve, the firm is now allocating a larger portion of its treasury to Bitcoin, aligning its actions with its significant engagement in blockchain technology.

Earlier this year, StarkWare was valued at $8 billion during its latest funding round, and the company has been strengthening its research on Bitcoin to support its mission of utilizing BTC as both a store of value and a financial innovation tool. While disclosing the size of its Bitcoin holdings, StarkWare emphasizes that blockchain companies should take the initiative by integrating Bitcoin into their financial operations.

“Any blockchain company should logically have Bitcoin holdings,” said Eli Ben-Sasson, CEO of StarkWare.

Having attended his first Bitcoin conference in 2013, Ben-Sasson acknowledges and embraces the cryptocurrency’s dual role as a store of value and a technological marvel. In keeping with this belief, StarkWare has become a Bitcoin-standard company by including BTC in its treasury, setting an example for other blockchain firms to follow.

With this announcement, StarkWare joins the ranks of corporations like Strategy, MARA, and Block, who have also created Bitcoin reserves.

As institutional adoption of BTC continues to rise rapidly, businesses are increasingly turning to Bitcoin as a hedge against rising inflation and instability in the financial markets.

Earlier this year, President Trump’s executive order to build a U.S. strategic Bitcoin reserve furthered this trend, highlighting Bitcoin’s expanding role in both corporate and national financial plans.

StarkWare is actively working to bridge Bitcoin and Ethereum, broadening BTC’s utility past its traditional function as digital gold.

The company plans to transform Starknet into a Layer 2 network capable of processing transaction settlements across both Bitcoin and Ethereum. This initiative seeks to expand Bitcoin transaction capacity from 13 per second to thousands using zero-knowledge STARK proofs, which will support advanced applications such as staking and yield farming.

StarkWare strives to expand Bitcoin’s practical use through its integration with Starknet’s scaling technology while maintaining the network’s decentralized and secure nature.

The integration of Bitcoin into StarkWare's Layer 2 ecosystem could have significant implications for the cryptocurrency industry.

With its contributions to OP_CAT and research into alternative bridging technologies, StarkWare is actively advancing the possibilities of scaling Bitcoin and connecting it more effectively with broader blockchain ecosystems.